{ "ticker": { "uuid": "d5db2576-d03b-4505-ab84-3887be54544c", "symbol": "300841", "name": "Chengdu Kanghua Biological Products Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -47.431, "architecture_energy": 41.215, "architecture_maturity": 100.0, "architecture_confidence": 66.58, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 26.25, "rotation_up": 26.29, "upward_expansion": 12.97, "deceleration": 66.55, "rotation_down": 40.83, "downward_expansion": 69.64 }, "activity_lines": [ 46.276667, 46.175273, 48.139449, 51.213019 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 48.290001, "trend_reference": 56.466801, "distance_from_trend": -0.144807, "trend_direction": "Weakening", "fair_value": 60.237186, "distance_from_fair_value": -0.198336, "fair_value_direction": "Weakening", "relative_strength": -29.618326, "relative_strength_direction": "Improving", "price_momentum": -0.325944, "excess_performance": -0.333344, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.144807, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.156875, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.198336, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.124684, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.296183, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.03071, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.325944, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.354743, "read": "Supply-led" } ], "volume": { "latest": 11391462, "relative_activity": 1.296736, "balance": 0.354743, "dry_up": 1.41935, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.081645, "annualized_volatility": 0.335581, "from_high_reference": -0.482485, "from_low_reference": 0.141338 }, "levels": { "trend_reference": 56.466801, "fair_value_reference": 60.237186, 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"activity_lines": [ 45.561334, 45.754182, 48.399117, 51.790474 ] }, { "date": "2026-08-07", "close": 48.290001, "volume": 11391462, "typical_volume": 8784722.3, "trend": 56.466801, "fair_value": 60.237186, "relative_strength": -29.618326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.431164, "energy": 41.214813, "activity_lines": [ 46.276667, 46.175273, 48.139449, 51.213019 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }